Disclaimer
This is a reproduction of an Order as issued and is provided for reference purposes only. In the event of an inconsistency, the Order as issued takes precedence over this reproduction.

 

 
Superintendent of
Financial
Services
 
Ontario Coat of Arms
 
Surintendant des
services
financiers
 

IN THE MATTER OF the Pension Benefits Act, R.S.O. 1990, c. P.8, as amended (the “PBA”);

AND IN THE MATTER of a Notice of Intended Decision of the Superintendent of Financial Services to make an Order under section 69 of the PBA, respecting the Employee Retirement Plan of Laplante Welding of Cornwall Inc., Registration Number 1016732.

TO:

Ms. Barb Stinchcombe
Director/Manager
London Life Insurance Company
256 Dufferin Avenue
London ON  N6A 4K1

Administrator

AND TO:

Ms. Julie Stewart
Plan Administrator
Laplante Welding of Cornwall Inc.
800 Second St. W.
Cornwall ON  K6J 1H6

Employer

AND TO:

Mr. Stanley Loiselle
Advisor
Raymond Chabot Inc.
116 Albert Street, Suite 1000
Ottawa ON  K1P 5G3

Trustee in Bankruptcy

ORDER

NO REQUEST FOR HEARING (Form 1) was delivered to the Financial Services Tribunal within the time prescribed by section 89(6) of the PBA respecting the Notice of Intended Decision to make an order, under section 69 of the PBA, to wind up the Employee Retirement Plan of Laplante Welding of Cornwall Inc., Registration Number 1016732 (the “Plan”).

THE SUPERINTENDENT OF FINANCIAL SERVICES THEREFORE ORDERS that the Plan be wound up in full under section 69 of the PBA effective May 31, 2018, for the reasons set out in the Notice of Intended Decision.

DATED at Toronto, Ontario, this 12th day of April, 2019.

Original signed by

Gino Marandola
Director, Pension Plans Branch
By Delegated Authority from the
Superintendent of Financial Services

 

Queen's Printer for Ontario, 2019